Tesla Inc.'s TSLA new $4.3 billion battery agreement with South Korea's LG Energy Solution is a sweeping gesture toward reshoring battery making. With the production of lithium iron phosphate (LFP) batteries in Michigan, Tesla is essentially dimming the lights on China's battery behemoths (say hello to CATL and friends), according to a Reuters report. This switch has far-reaching implications for ETFs seeking to capitalize on the global trends in clean energy and manufacturing. Also Read: Trump's $750 Billi ...

Key Benefits of the RIGI for the HMW project: About Hombre Muerto West PERTH, Australia, July 28, 2025 /PRNewswire/ -- Galan Lithium Limited (ASX: GLN) ("Galan" or "the Company") is pleased to advise that the Comite Evaluador de Proyectos RIGI, responsible for awarding the Argentine Government's Régimen de Incentivo para Grandes Inversiones (the incentive regime for large-scale investments referred to as the "RIGI"), has approved the RIGI for Galan's flagship Hombre Muerto West ("HMW") Project in Catamarca ...

Core Insights - Century Lithium Corp. is progressing towards becoming a key domestic supplier of battery-grade lithium carbonate, with a recent collaboration with First Phosphate demonstrating the practical application of its lithium carbonate in LFP battery production [1][2]. Company Developments - The partnership with First Phosphate was initiated when they selected Century Lithium's lithium carbonate for their LFP battery formulation, showcasing a successful collaboration over the past few months [3]. - Century Lithium has been producing high-purity lithium carbonate at its demonstration plant in Amargosa Valley, Nevada, using a process that involves leaching clay ore to extract lithium and purifying it through several steps [4]. Industry Context - The collaboration between a Canadian company (First Phosphate) and a U.S. company (Century Lithium) exemplifies the strengthening of the North American battery supply chain, which is being encouraged by policymakers [6]. - LFP batteries are expected to see increased usage in both stationary and mobile energy storage applications, indicating a positive outlook for lithium batteries, particularly in the stationary segment [6][7]. Future Prospects - Century Lithium is interested in continuing its collaboration with First Phosphate and is also receiving interest from other companies in the industry for potential partnerships [8].

Core Insights - First Phosphate Corp. has achieved a significant milestone in establishing a North American supply chain for lithium iron phosphate (LFP) batteries [1][5] - The company successfully produced commercial-grade LFP battery cells using 100% North American-sourced critical minerals, emphasizing domestic manufacturing independence in the energy storage sector [2][5] Company Developments - The production of LFP battery cells has been a three-year pilot project, starting with igneous phosphate rock from the company's property in Saguenay–Lac-Saint-Jean, Quebec [6] - The company plans to develop a phosphate mine by 2029, with a feasibility study currently underway [6] - The process involves producing phosphate concentrate, which is reacted with sulfuric acid to yield purified phosphoric acid, crucial for industrial applications [6] Supply Chain and Partnerships - The iron phosphate used in the batteries is sourced from the Bégin-Lamarche property, while lithium carbonate is obtained from Century Lithium in Nevada, and graphite is provided by Nouveau Monde Graphite in Quebec [7] - The company has partnered with Ultion Technologies in Nevada for the manufacturing of LFP battery cells, which are suitable for small mobility applications and can scale for large energy storage and electric vehicles [8] Future Plans - The company aims to transition from pilot to commercial scale production, with the LFP cathode plant expected to be operational by late 2026 or 2027, and the mine and phosphoric acid plant by 2029 or 2030 [8] - The goal is to produce fully North American LFP battery cells primarily from Quebec on a commercial scale by the end of the decade [8] Industry Context - The development of LFP technology originated in North America, with historical partnerships involving universities and research centers, but production shifted to China over the past two decades [9] - The recent achievement marks a reclaiming of energy storage independence for North America, showcasing the potential for domestic manufacturing using local critical minerals [9]